BERC slashes 12kg LPG cylinder price by Tk39, auto gas by Tk1.84 for July
The new prices will come into effect at 6pm
The Bangladesh Energy Regulatory Commission (BERC) on Wednesday (2 July) reduced the prices of Liquefied Petroleum Gas (LPG) per 12kg cylinder at the consumer level.
The new prices will come into effect at 6pm.
BERC Chairman Jalal Ahmed stated that for the month of July, the price of a 12kg LPG cylinder has been set at Tk1,364, a decrease of Tk39 from its previous price of Tk1,403.
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This adjustment follows the last price revision on 2 June, when the 12kg cylinder price was reduced by Tk28 to Tk 1,403.
BERC also reduced the price of auto gas. For July, the consumer-level price of auto gas, including VAT, has been set at Tk62.46 per litre, a reduction of Tk1.84.
The previous auto gas price adjustment was also made on June 2, when it was reduced by Tk1.27 to Tk64.30 per litre, including VAT.
Pricing mechanism
BERC said that the price adjustment for private LPG and auto gas at the consumer level for July was made considering Saudi Aramco's announced Saudi CP (Contract Price) for propane and butane.
For July, propane is set at $575 per metric ton and butane at $545 per metric ton. With a propane-to-butane ratio of 35:65, the average Saudi CP for propane and butane per metric ton is $555.50, according to the BERC.
Prices in 2024
In 2024, the prices of LPG and auto gas decreased four times and increased seven times.
In December of last year, the price remained unchanged. Prices were raised in January, February, March, July, August, September and October of last year, while they were lowered in April, May, June and November.
